Mobile Home Park Investing – How to Make 10% to 20% on Your Mobile Home Investment

When you hear the words “mobile home”, what do you immediately think? Hillbillies with rebel flags in their windows? The show “Cops”? Sure, that’s the stereotype, but the truth is that a huge number of Americans– about 20 million of them–live in mobile homes. And the demographic make-up of this group is not much different from normal residential subdivisions and apartment complexes.

Another little-known fact about this niche is that you can make excellent returns by investing in them- with amounts as low as $5,000 to $10,000. Returns in the neighborhood of a steady 10% to 20% per year. Compare that to your recent successes in the stock market and the rate on CDs at your neighborhood bank and you’ll see that those type of year-over-year returns are really pretty extraordinary.

So how do you invest in in this area successfully?

Get an understanding of the product.

Mobile homes are not constructed like the type of traditional “stick-built” housing that you are more familiar with. For example, a mobile home has no load-bearing interior walls. It is like a shoebox–only the exterior walls are load bearing. In addition, the utilities normally follow certain “troughs” that allow for easy access. You can find some cut-away drawings of mobile homes on the internet and you will be shocked at their simplicity. This simplicity, however, pays big dividends when it comes to repairs and remodeling. Unlike traditional home construction, a mobile home allows for an amateur to do a perfectly fine job.

You should go to a local dealer and walk through some homes–including some older trade-ins that are probably at the back of the lot–to get a feel for what the product is.

Get an understanding of what the customers’ needs are.

These type of homes are the least expensive form of detached housing in the U. S. As a result, they appeal to lower-income Americans- often folks who earn minimum wage. This group is not nearly as demanding as buyers with higher earnings who are looking at much more expensive housing options. That’s not to say that they have no standards, because they do. But their standards are much lower and much easier to satisfy. Many of the cosmetic issues that you would find unacceptable in a $100,000 house are perfectly fine in a $10,000 mobile home. These include stains on flooring, wall taping and bedding, quality of paint job, condition of appliances, etc. These reduced expectations make the investor’s life much easier, as it takes less to make this type of investment ready for sale, and it is much easier to meet the demands of the customer.

You should look at some of the mobile homes for sale in the newspaper to see what is offered in your market, as well as the price points. You will be amazed at how “rough” many of the offerings are, and how low the price points are.

Team up with a mobile home park owner.

Many owners would love to work with investors to buy and sell homes in their parks. These types of relationships are essential, as a successful investor will need certain concessions from the park owner to ensure that they get a good return on their investment. These concessions include free lot rent at any time that the home is vacant, help on marketing the home, and sometimes financial bonuses for each home sold.

Start small and add-on based on performance.

The proof is in the pudding. Start off with one investment in a mobile home- maybe $10,000 to buy one home. From this one investment, you will learn a tremendous amount about the process, from choosing a decent home to marketing and real-life profit and loss. A normal deal will have a return on your money of 10% to 20% per year. There are certain instances when you will have a much higher return- 50% or more- but these are rare and should not be taken as the norm. Anything less than 10% is unacceptable and you should analyze what you did wrong and learn from it.

When you “partner” with a mobile home park owner, they will take a vested interest in your success and your odds of making a higher return are much greater.

Conclusion.

There are few options today that offer 10% and greater real returns on your investment dollar. One of the safest is mobile home investing. It’s a simple product that appeals to a simple customer. It is not subject to changes of technology that render it useless, or to changes in taste that make it no longer attractive. It has been around, undisturbed, for over 60 years.

Jeff Foxworthy makes very funny trailer park jokes. COPS has a heyday filming scenes of intoxicated people at some of the worst mobile home parks in the U. S. But you have to understand that these are promotional stereotypes–and not the norm. The normal mobile home park resident is just a regular person making their way through life–and offering you a very handsome return on investment.

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Student Interior Designers Often Learn About The History of Their Profession

In their training, student interior designers often learn about the history of their profession. This can be a really important way to give context to their subsequent careers. In this article, I will draw on my experience as an interior designer and educator to discuss the history of this exciting field.

The earliest professional interior designers were based in London – the British had become intrigued by Egyptian techniques of decorating household objects and wanted the same for themselves. London families became desperate to employ an interior designer to create magical spaces and accessorise their interiors. As interior designers came to be recognised as professionals, they increasingly found a need to draw on history to create fabulous results. This was particularly true when creating designs for historic London mansions or listed buildings – they saw historical reflections as a way of preserving the past while also looking to the future.

THE ANCIENT ROMANS

In Ancient Rome, citizens demanded comfort, luxury and wealth. These elements are still important in the work of interior designers across the world today. The lavish decorations, tapestries and iconic stonework today remain as timeless and popular in London as in Tokyo or Sydney. The Ancient Romans adored bespoke furniture and loved quality textiles and expensive fabrics.

MONASTIC TIMES

After the collapse of Roman rule, the church assumed power and largely discouraged the most creative interior designers. Opulent interiors were taken out and interior designers were instructed to install quiet and simple oak panels with dark lines and sharp edges. This influence was felt throughout Europe – from London all the way to Florence.

RENAISSANCE AND REVIVAL

The Renaissance saw the emergence of professional French or French-inspired interior designers. It was a new age of elegance and sophistication, which saw the rebuilding of the London Interior Designer community and a fresh take on creative and beautiful living spaces. A “palatial” feel was rediscovered, and interior designers began to take advantage of new transport axes going through London to the continent and to the Americas in order to rediscover their profession and herald the next generation of design.

This brings to an end my article on how the work of interior designers has changed over the ages. In my next article, I’ll reflect on how interior designers use interior fashions for great effect.

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Home Improvement Service

We at G. N. Home Improvements Limited are a small family run business providing a vast range  of home and building services.   We specialise in reconstruction, refurbishments and new build homes.

 We have all fully qualified tradesmen under one roof, (Electricians, Plumbers, Plasterers; Joiners; Bricklayers; Painters and Decorators) so we can offer you a full service across the board  improvements.   We even offer a Landscape Garden Service and fitting kitchens and bathrooms are a speciality.   You name it we’ve got it covered.

 We are UK based and 80% of our clients return for a further service after giving them a 100% job satisfaction.   Our services has taken us to Europe on several occasions to build homes, fit kitchens, bathrooms, supply new windows and doors reconstruct and decorate homes and we are proud of the  Quality of work we give. .

 So if you require a UK firm to build you a house, reconstruct or even paint and decorate your home – just give us a call and we will give you our immediate attention and first class service.   Supply us with the jobs you need doing, plans will obviously be of a great help if you have them and we will get back to you as quick as we can with a free no obligation quote.   See our web site which gives a brief explanation of who we are and the services we offer.   Don’t worry if you cannot see the one you want, we will assist you all we can.

Your budget is our budget too !!

 Just ask for Gavin Nunn (Director) or David Sharp.  (Company Secretary) Hope to hear from you soon.                                  

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Real Estate Guide to Buy or Rent Whangarei Northland and Coastal Property in New Zealand

Real Estate Investment in Whangarei New Zealand

Real estate business may be focused in so many aspects as an investment and as a method to earn money from. You can be a real estate agent and enjoy earning money while on the other hand, there are those who have the capital to earn being an investor in the buy and sell arena for a real estate business. In Whangarei New Zealand, however, there is a lot of available real estate business investment that you can get in to if you want to earn a significant amount of income from it.

Whangarei Real Estate Agent Marketing Tips

A Whangarei real estate agent in New Zealand may earn through real estate business by selling real estate property in so many ways and methods but so far, there are a few tips that I would like to give you to be able to earn good in this business. To be able to market a real estate property, you have to know where you can make such move or where to post your for sale property using the internet because we all know that the internet is the best medium there is if you are selling anything today. A few good ways to seek refuge for your product are forums and classifieds. Today there are a lot of free classifieds that you can post your for sale product. Forums can also be a good way to sell real estate. You can also try to market your real estate property using social media sites where you can post to multiple people who might just be interested to buy a real estate property in Whangarei. So far these are just a few ways and I know that there are a lot out there.

Different Real Estate Property Investment and Sale

In a real estate investment, there are a lot of different types that you can sell for interest of those who might be looking for the perfect type of property. Different people have different preferences for a real estate property that they wan to buy or rent or even lease for a period of time so to be able to allow your target clients to get a glimpse of what is there in the real estate industry in Whangarei Nez Zealand, you must have access to the different types of real estate properties being sold in the market today and make a list of them all. This is for the purpose of having each type under your profile just in case you have to present a client the different types of real estate property that you sell for choosing.

To get you an idea of what is in store if you are looking to sell real estate these are a few types. Coastal real estate, farmland real estate, northland real estate, beach real estate, resort real estate, ridge real estate and more. So far these are just a few but always feel free to make it more appealing and diverse for your clients. We all know that selling a real estate property either if it is for rent, lease or total sale depends on the choices that you can offer for your clients.

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